Enjoying catch and fishing effort: The effort effect in recreational fisheries
In: Environmental & Resource Economics. Springer: New York. ISSN 0924-6460; e-ISSN 1573-1502, more
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| Keywords |
Overexploitation > Commercial fishing > Overfishing
Recreation > Fishing > Sport fishing > Angling
Recreational fishing
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| Author keywords |
Importance of catch; Collapse |
| Abstract |
Recreational fishermen derive utility from catch and fishing effort. Building our analysis on the Gordon-Clark model for renewable resources, we show that a lower importance of catch may result in higher catches. While this effect also holds under first-best management, it may destabilize open-access recreational fisheries to the point of stock collapse. Technical progress in recreational fisheries may mask such dynamics as it enables unaltered angler behavior and constant catches during stock declines. |
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